Category: Economy
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What Happens If the U.S. Can’t Pay Its Bills?
The federal government and the American Congress have yet to reach an agreement regarding the increase of the country’s public debt ceiling. As a result, the risk of an unprecedented default is growing. With no legislative proposal to vote on, lawmakers are leaving Washington D.C. this Friday (26) for the extended weekend due to the…
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Despite Inflation, Everyone Will Travel This Summer
With the unofficial arrival of summer this weekend, summer travel is heating up, despite rising prices and crowded airports and major tourist destinations.
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Expensive Energy, Overdue Bills
Summer is approaching, but millions of Americans will think twice before turning on their air conditioning units. The high prices of essential goods, especially food and housing, have made it difficult for many families to cope with the rising cost of their energy bills. This has contributed to an increase in the number of families…
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Century 21, The Legendary Discount Store for Brand Clothing, Reopens in NY
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in Business, Economy, Entertainment, Fashion, Geral, In Focus, Inside, Tourism, United States, WomenCentury 21 reopens in New York after bankruptcy, offering discounted designer clothing and a more focused fashion approach.
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Toxic Products Found in Sportswear from Various Brands
An analysis found high levels of BPA, a chemical compound used to make certain types of plastic, which can have harmful health effects such as asthma, cardiovascular diseases, and obesity, in sportswear from various brands. The study was conducted by the California Environmental Health Center (CEH), which, after testing, sent legal notices to more than…
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Construction Sector Hits the Brakes
After three years of robust sales growth, Home Depot, the traditional building materials store, reported disappointing first-quarter sales on Tuesday (16) and lowered its outlook for the year as homeowners cut back on spending for renovation projects driven by inflation and high interest rates. Home Depot reported that its sales fell 4.5% in stores during…
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Car Insurance Is Rising. What to Do?
If you recently received a higher car insurance bill, you are not alone. The price of car insurance rose about 15% in March compared to the previous year, significantly above the latest overall inflation reading of 5%. The average annual premium is around $2,000, according to personal finance website Bankrate. And the bad news is…
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Get Ready, Travelers: Summer Will Be Intense for the Tourism Industry
The Memorial Day weekend – the unofficial start of the summer travel season in the United States – is expected to be quite busy. At airports, it is likely to be busier than in 2019, the year before the pandemic. This is the forecast from the AAA organization, released this Monday (15). The automotive and…
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May is Small Business Month in the U.S.
Small Business Month, celebrated in May, is a special tribute to honor small business owners, their courage, community efforts, and hard work.
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What Is Driving Record Levels of Immigration at the Southern Border of the U.S.?
Millions of people, in numbers not seen in decades, are leaving their homes across Latin America heading to the United States. While the crossing of immigrants at the southern border of the U.S. has always been intense, the pandemic and the ensuing recession hit Latin America harder than anywhere else in the world, plunging millions…